2022 GEL to BIF Historical Review

YEARLY HIGH

784.3035 BIF

YEARLY LOW

584.7605 BIF

YEARLY AVERAGE

702.8927 BIF

2022 GEL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 784.3035. Conversely, the yearly low was recorded on March 8, dropping to 584.7605.

This high-to-low spread represents a total annual volatility of 199.5430 BIF. From a start-to-finish perspective, comparing the January average rate of 650.4875 to the December average rate of 772.6730, the exchange rate registered a net change of 18.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 784.3035 was up 20.27% compared to the 2021 peak of 652.1173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 3,921,518 BIF

2021 Average 3,074,022 BIF

Yearly Trough Low 2,923,803 BIF

Transaction Impact: A difference of 997,715.10 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

787.1690

613.2165

JanuMarcMayJulySeptNove

GEL to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 665.8533, compared to 739.9321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 74.0788 points.

H1 Avg (Jan–Jun) 665.8533

H2 Avg (Jul–Dec) 739.9321

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 70.4972 BIF (High: 655.2577 / Low: 584.7605). On the other end, January was the most stable month, with a tight range of 18.6242 BIF (High: 661.4754 / Low: 642.8512).

March Spread (Volatile) ±70.4972

January Spread (Stable) ±18.6242

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 41.6960 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -41.6960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 772.6730) against the same month in 2021 (average: 645.0295), the exchange rate shifted by +127.6435 (+19.79%).

2022 Avg (December) 772.6730

2021 Avg (December) 645.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	661.4754	642.8512	650.4875
February	687.7133	627.7988	669.4086
March	655.2577	584.7605	627.7126
April	679.0689	649.7577	664.5944
May	718.5583	662.3974	685.5343
June	710.5644	680.2566	697.3825
July	742.3313	696.8994	703.4967
August	764.4000	709.8679	742.1973
September	735.6428	684.7710	723.0482
October	749.4551	724.9558	741.0137
November	768.7288	747.8799	757.1638
December	784.3035	760.4436	772.6730